BMS Group, the specialist insurance and reinsurance broker, is pleased to announce the appointment of Jean-Jacques Henchoz to the role of Chairman of the Board, effective May 1, 2025.
Jean-Jacques Henchoz was most recently the CEO and Chairman of the Executive Board of Hannover Re. He brings a wealth of executive and board experience, including over 20 years in various leadership roles with Swiss Re. During his six-year tenure as CEO of Hannover Re, the company delivered double-digit earnings growth and industry-leading ROE performance, leading to the doubling of its market capitalisation and an upgrade to the DAX-Index in Germany.
Nick Cook, CEO of BMS Group, said: "Jean-Jacques’ extensive industry credentials will be invaluable to us, and we expect to see sustained growth for BMS under his chairmanship. In addition, we are eager to benefit from his valuable strategic insights as we move forward as a scaled-up, thriving, global business. He is a proven industry leader with the ability to navigate complex challenges and identify dynamic opportunities, and I am confident that his vision will foster quality growth and innovation in our operations.”
Jean-Jacques Henchoz added: "Nick has built a very successful global business, supported by a talented group of leaders and colleagues. I look forward to contributing to the next chapter of BMS Group, building exciting new partnerships and strengthening existing ones. Joining the Board of a leading brokerage firm presents an attractive opportunity for me to leverage my global reinsurance industry experience, while supporting an agile, client-focused organisation that helps companies navigate the challenges of today and the future.”
Henchoz joins BMS at a time of significant growth. In the previous year, BMS has made several high-profile acquisitions. Most recently, BMS completed the acquisition of the Spanish broker, Rasher and its Latin American subsidiaries. Prior to that, December 2024 saw BMS complete the acquisition of the UK-based broker, David Roberts & Partners. Earlier in the year, BMS completed the acquisition of specialist UAE broker, Berns Brett Masaood. These acquisitions reflect the group’s development into a genuinely global brokerage firm.
